UPS Inc. said Tuesday that European antitrust review of its planned $6 billion-plus acquisition of Dutch package firm TNT Express will extend by two months, into early November.
August 22, 2012Business
European Regulators Undecided on UPS-TNT Deal
European Union antitrust regulators have not decided on whether to object to UPS Inc.’s bid to buy Dutch package firm TNT Express, Reuters reported Friday.
September 21, 2012Business
UPS, TNT Say Deal to Close in Early 2013
UPS Inc. said its planned $6.5 billion purchase of Netherlands-based TNT Express will be completed in the first quarter of 2013, to allow European Union regulators additional time to review the deal.
September 5, 2012Business
Review Extended on UPS’ Acquisition of TNT
UPS Inc. agreed to a 10-day antitrust extension of its planned purchase of Netherlands-based package firm TNT Express by European regulators, while TNT reported a strong second-quarter profit, Bloomberg reported.
July 30, 2012Business
TNT to Spin Off Package Express Unit
TNT NV, the Netherlands-based package and mail delivery operator, said it would spin off Europe’s second-biggest express delivery service and keep the smaller mail division, Bloomberg reported.
December 3, 2010